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Tesla’s China sales have grown to nearly half the company’s sales in the U.S. : Rashtra News
Tesla China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai, China January 7, 2020.
Aly Song | Reuters
BEIJING — Tesla’s sales in China are now nearly half what the automaker sells in the U.S.
Elon Musk’s electric car company reported sales of $3.11 billion in China in the third quarter, or 48.5% of the $6.41 billion U.S. sales during that time, according to a filing Monday.
That ratio is up from 41.4% a year ago, and less than 10% in 2018, filings show.
( News Source :Except for the headline, this story has not been edited by Rashtra News staff and is published from a www.cnbc.com feed.)
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